The International Actuarial Association (IAA) adopted its second International Standard of Actuarial Practice, ISAP 2, on the Financial Analysis of Social Security Programs (SSPs), at its Council meeting held in Singapore on the 13th of October 2013.
An ISAP is a model for actuarial standard-setting bodies to consider. The IAA encourages actuarial standard-setting bodies to study the ISAP and to consider taking one of the following courses of action, if it has been determined that this ISAP is ...
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